14.06.2016 22:05:16
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Bob Evans Farms Reports 28% Retreat In Q4 Profit
(RTTNews) - Bob Evans Farms (BOBE) announced a profit for fourth quarter that dropped from last year.
The company said its earnings fell to $9.53 million, or $0.48 per share. This was lower than $13.18 million, or $0.56 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 4.0% to $345.59 million. This was up from $332.39 million last year.
Bob Evans Farms earnings at a glance:
-Earnings (Q4): $9.53 Mln. vs. $13.18 Mln. last year. -Earnings Decline (Y-o-Y): -27.7% -EPS (Q4): $0.48 vs. $0.56 last year. -EPS Decline (Y-o-Y): -14.3% -Analysts Estimate: $0.43 -Revenue (Q4): $345.59 Mln vs. $332.39 Mln last year. -Revenue Change (Y-o-Y): 4.0%
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